Knit Finance(kft)market reviews and price predictions
Knit Finance market statement for 2023-06-02
Yesterday the price of kft stood at $0.006. The market capitalization of the asset was $400 449. Knit Finance’s volatility was established at 10.11%. The trading volume of the coin reached $14 230.
Knit Finance prognosis for the next days:
We estimate the price of Knit Finance to be $0.005 tomorrow 2023-06-07 and $0.005 on 2023-06-13;
We estimate the market capitalization of Knit Finance to reach $298 418 tomorrow 2023-06-07 and $318 561 on 2023-06-09;
We estimate the volatility of Knit Finance to become 3.04% tomorrow 2023-06-07 and 6.03% on 2023-06-09;
We estimate the trading volume of Knit Finance to amount to $9 958 tomorrow 2023-06-07 and $10 861 on 2023-06-09.
Our recommendation for the pair KFT/USD for tomorrow, 2023-06-07, to sell.
Buyers kept pushing the Knit Finance market to the upside between May 27 and June 2 as the price increased by 7%.
The price of Knit Finance was rising last from May 27 until June 2, giving enough reason to conclude that the market is. KFT was caught in a period of medium volatility, which was reflected in its price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the increasing trading volume.
A 7% price increase last week (May 27 - June 2) confirms the bullishness of Knit Finance.
The price of Knit Finance was rising last from May 27 until June 2, giving enough reason to conclude that the market is. The volatility associated with the KFT market was medium, as were its price fluctuations. The price action on the coin's market translated to the growth of market capitalization. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
Market review from May 22 to May 28 : Knit Finance gets a 7% price appreciation.
The upward movement of the Knit Finance price last week indicates the chosen market is. The situation on the KFT market shows that the underlying asset is currently experiencing a period of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
May 19 - May 25 market wrap: Knit Finance had a slight 2% drop.
The bearish behavior of Knit Finance last week was characterized by the occurrence of downswings. KFT was caught in a period of medium volatility, which was reflected in its price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Knit Finance retraces by 5% in the period May 18 - May 24 as the market turns slightly bearish.
The downward movement of the Knit Finance price last week indicates the chosen market is bearish. KFT has been going through a period of medium volatility, which fell in line with the occurred price changes. The asset saw its market capitalization growing over the reviewed period together with its price. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
Restrained price action on May 17 to May 23 as Knit Finance moves up by only 4%.
The upward movement of the Knit Finance price last week indicates the chosen market is bearish. KFT has been going through a period of medium volatility, which fell in line with the occurred price changes. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Knit Finance sees limited 4% gains between May 17 and May 23 as the market cools down.
The upward movement of the Knit Finance price last week indicates the chosen market is bearish. KFT was caught in a period of medium volatility, which was reflected in its price action. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Knit Finance market stayed flat from May 12 - May 18.
Knit Finance portrayed neutral behavior last week, with no changes in the price. The situation on the KFT market shows that the underlying asset is currently experiencing a period of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
The bleeding market: Knit Finance loses 7% between May 10 and May 16 as the selling pressure grows.
Knit Finance has been bearish last week as its price has been predominantly falling. KFT has been going through a period of medium volatility, which fell in line with the occurred price changes. The asset saw its market capitalization falling over the reviewed period together with its price. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Knit Finance analysis May 8 - May 14 : bears in all-out attack as the price collapses by 13%.
The analysis of last week’s price action shows that the Knit Finance market is in the bearish phase since the price has been moving downward. The price swings of KFT pointed to the presence of medium volatility. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin last week took place on the back of decreased trading volume.